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Search Result for “reciprocal tariff”

Showing 1 - 10 of 31

BUSINESS

Ruling on pilot training charges creates legal precedent

Business, Molpasorn Shoowong, Published on 07/01/2026

» Over a dozen student pilots won a lawsuit against Nok Air regarding a requirement for additional training charges outside a contract for co-pilot employment, while the Court of Justice ordered compensation of one-third of 32.5 million baht in total damages.

PROPERTY

Supalai sees sector improvement in H2

Business, Molpasorn Shoowong, Published on 11/08/2025

» SET-listed Supalai estimates the property sector will pick up in the second half as concerns subside over US tariffs and earthquake resilience, while the company continues to maintain a diversified portfolio covering both the middle and luxury segments.

BUSINESS

Tourism confidence dives

Business, Molpasorn Shoowong, Published on 25/07/2025

» The tourism confidence index in the second quarter plunged year-on-year, as tourism contracted since the beginning of the year due to safety concerns and cautious tourism spending following the US's decision to implement a reciprocal tariff policy, according to the Tourism Council of Thailand (TCT).

BUSINESS

Russian arrivals to top last year's figure

Business, Molpasorn Shoowong, Published on 23/07/2025

» Despite sanctions imposed by the United States and intense tourism competition, the Russian market this year is expected to exceed the 1.74 million visitors recorded in 2024, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Unease over Japan, South Korea market

Business, Molpasorn Shoowong, Published on 18/07/2025

» Tourism operators are not confident whether arrivals from Japan and South Korea can match the same level as 2024, as negative factors such as a strong baht, rivalry with Vietnam, as well as the two countries' weak economies continue to impact spending power.

BUSINESS

Panel calls for new tourism investment

Business, Molpasorn Shoowong, Published on 17/07/2025

» Thai tourism should not underestimate rivals in the region, notably Vietnam, which are investing heavily in tourism infrastructure such as high-speed rail as well as new attractions and hotels, said the subcommittee of the National Soft Power Strategy Committee.

BUSINESS

Impact of tariff hikes on tourism likely to unfold next year

Business, Molpasorn Shoowong, Published on 10/07/2025

» Tourism operators view the US's tariff policy as indirectly hampering Thai tourism in the form of reduced spending, but this impact is not expected to unfold until next year, as many tourists have already booked trips for the upcoming high season.

BUSINESS

Tourism operators sound the alarm on possible coup

Business, Molpasorn Shoowong, Published on 20/06/2025

» Tourism operators insist a coup must be avoided at all costs as the nation struggles with political instability, as businesses prefer a democratic system.

BUSINESS

HK Express optimistic on passenger prospects

Business, Molpasorn Shoowong, Published on 19/06/2025

» Amid ongoing safety concerns among Chinese visitors, HK Express, a low-cost carrier owned by Cathay Pacific Group, is anticipating a record high of 1 million passengers for its flights operating between Hong Kong and Thailand.

BUSINESS

Association seeks ways to boost Mice arrivals

Business, Molpasorn Shoowong, Published on 10/06/2025

» The number of international travellers in the meetings, incentives, conventions and exhibitions (Mice) segment this year is expected to contract from last year, due to US trade and tariff policies and an unsafe image of Thailand, according to the Thailand Incentive and Convention Association (Tica).